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Sergeeva-Olga [200]
3 years ago
7

Dorothy likes to invest in gold as part of her overall financial investment portfolio, as her gut tells her it will increase dra

matically in value. Her favorite and only source of investment advice is Wizard's Gold Hour on the OZ cable channel. As a result of this advice, Dorothy's portfolio mix is suboptimal as it is too heavily weighted in gold. This concept describes what Dorothy suffers from?
Business
1 answer:
Inessa05 [86]3 years ago
6 0

Answer:

a confirmation bias

Explanation:

Based on the scenario being described within the question it can be said that this concept describes that Dorothy suffers from a confirmation bias. This is a type of cognitive bias in which an individual favors more information that supports or confirms other beliefs that they may have. As it is illustrated in this situation Dorothy likes to invest in gold and follows the OZ cable channel's advice because it supports her belief that gold will increase in value.

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The correct answer is False.

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Why should the client's legal expenses be examined?
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Which of the following theories argues that organizations try to minimize their reliance on other organizations for the supply o
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Although such transactions may be advantageous, they may also create dependencies that are not, and so organization A may want to rely less on organization B, in their quest to influence the environment to make resources available.

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3 years ago
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The December 31, Year 1, financial statements of Edwards Co. (a privately held company) were available to be issued on March 1,
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Because of those issued transaction, Edwards Co. must provide the disclosure about the stock issuance in the footnotes included with the December 31, Year 1 financial statements

A Footnote is a section for financial disclosure that shows how the numbers in the statement of financial position and cash flow statements were determined.

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Hence, because of those issued transaction, Edwards Co. must provide the disclosure about the stock issuance in the footnotes included with the December 31, Year 1 financial statements

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